Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v2.4.1.9
Related Party Transactions
3 Months Ended
Mar. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions

8. Related Party Transactions

During the three months ended March 31, 2015 and 2014, we paid $13,828 and $540,025, respectively, to Intrexon Corporation (Intrexon) under the Exclusive Channel Collaboration Agreements (ECC Agreements) (See Note 7). Included in accounts payable and accrued expenses at March 31, 2015 and 2014 was $2,871 and $316,353, respectively, related to unpaid invoices received from Intrexon relating to work performed under the ECC Agreements. As of March 31, 2015 and 2014 Intrexon owned approximately 24% of our outstanding common stock.